can you show the step by step explanation

Exercise 12A-2 (Static) Basic Present Value Concepts [LO12-7] Julie has just retired. Her company's retirement program hos two options as to how retirement benefits can be received. Under the first option, Julle would recelve a lump sum of $150,000 immediately as her full retirement benefit. Under the second option, she would receive $14,000 each year for 20 years plus a lump-sum payment of $60,000 at the end of the 20 -year period. Click here to view Exhibit 128-4 and Exhibit 128-2, to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 12% 1.6. If she can invest money at 12%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. Calculate the present value for the following aswuming that the money can be invested at 12%. (Round your final answers to the nearest whole dollar amount.) Exercise 12A-2 (Static) Basic Present Value Concepts [LO12-7] Julie has just retired. Her company's retirement program hos two options as to how retirement benefits can be received. Under the first option, Julle would recelve a lump sum of $150,000 immediately as her full retirement benefit. Under the second option, she would receive $14,000 each year for 20 years plus a lump-sum payment of $60,000 at the end of the 20 -year period. Click here to view Exhibit 128-4 and Exhibit 128-2, to determine the appropriate discount factor(s) using tables. Required: 1-a. Calculate the present value for the following assuming that the money can be invested at 12% 1.6. If she can invest money at 12%, which option would you recommend that she accept? Complete this question by entering your answers in the tabs below. Calculate the present value for the following aswuming that the money can be invested at 12%. (Round your final answers to the nearest whole dollar amount.)